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Ellen McGrattan | |
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| Born | October 4, 1962 |
| Nationality | American |
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| Thesis | Computation and Application of Equilibrium Models with Distortionary Taxes (1989) |
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| Discipline | Economist |
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| Website | users |
Ellen McGrattan is an American macroeconomist who is Professor of Economics at the University of Minnesota and past director of the Heller-Hurwicz Economics Institute,and consults for the Federal Reserve Bank of Minneapolis. [1]
McGrattan's professional honors include being a research associate at the National Bureau of Economic Research,a Fellow of the Econometric Society,a Fellow of the Society for the Advancement of Economic Theory. She is a member of the Bureau of Economic Analysis Advisory Committee,and the Minnesota Population Center Advisory Board,and formerly served as president of the Midwest Economics Association. [1]
McGrattan received a Bachelor of Science in economics and mathematics from Boston College, [1] followed by a Ph.D. in economics from Stanford University in 1989. [2] McGrattan has taught courses at Duke University,the European University Institute,the Stockholm School of Economics,the University of California,Los Angeles,the University of Pennsylvania,the International Monetary Fund,Arizona State University,and the University of Minho. [1]
McGrattan is a macroeconomist who studies the effects of monetary policy and fiscal policy on observable economic outcomes,such as gross domestic product,investment,time allocation,stock market variables,and international capital flows. [1] [3] [4] She has extended real business-cycle theory and reexamined puzzles in the study of business cycles,including (in joint work with Edward C. Prescott) the role of unmeasured investment in the 1990s United States boom. [5] Other work on intangible assets has studied sweat equity. [6] Other joint work with Prescott has studied the financing of pensions in countries with population aging. [7]
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